Thai Labor Protection: The Warning Letter

January 30 2012 Categories: Thailand Business No comments yet

Many employers in Thailand have found themself condamned for unfair dismissal as a result of  court proceedings filed by employees that were terminated following a  disciplinary action for violation of the company working rules. The reason for this is that Thai laws are very formal and that the disciplinary procedure must be in conpliance with the law or the working regulation of the company in order to be valid and opposable to the employee.  

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Originally posted 2009-12-01 02:34:02.

Doing Business in Thailand: Living in a state of sin

January 28 2012 Categories: Doing Business In Thailand, Thailand Business, Thailand Foreign Business Act No comments yet

“So when the woman saw that the tree was good for food, that it was pleasant to the eyes, and a tree to be desired to make one wise, she took of its fruit and ate. She also gave to her husband with her, and he ate.” (Gen3:6).

 

This extract of the genesis sum up the story of foreign investment in Thailand.

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Originally posted 2009-08-17 06:51:07.

Doing Business in Thailand: Understanding Thai Administration

January 28 2012 Categories: Thailand Business, Understanding Thailand No comments yet

Why it is necessary to understand the system?

The first thing you will hear when coming to Thailand is foreigners complaining about the workings of the Thai Administration. I used to work with a foreign lawyer who had what I call the “colonial state of mind”. This lawyer was so full of his own superiority and so sure that his country’s administrative system was superior to Thailand’s that he never understood the system here, which is a mistake.

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Originally posted 2009-07-23 05:40:23.

Buying a Business In Thailand – The Due Diligence

January 28 2012 Categories: Doing Business In Thailand, Thailand Business No comments yet

This post is the second post of a series dedicated to the issues to take into consideration when buying a business. Today we will discuss the matter of due diligence.

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Originally posted 2009-09-09 04:26:16.

Doing Business in Thailand: Global Corruption Barometer Part 2

January 28 2012 Categories: Doing Business In Thailand, Thailand Business No comments yet

In today post I continue to discuss the results of the World Bank Global Corruption Barometer 2009. Please see yesterday post on the same subject.

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Originally posted 2009-10-01 02:35:23.

Starting a Business: The One Start One Stop Investment Center

January 28 2012 Categories: Doing Business In Thailand, Thailand Business No comments yet

To enhance investment confidence and apparently to facilitate their life the government has established a One Start One Stop Investment Center (OSOS). The primary objective of the center is to help investor to start their business by regrouping up to 18 different administrations under a single roof. Will it help Thailand to regain foreign investors confidence.

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Originally posted 2009-12-02 01:50:44.

Thailand: New Corporate Tax Rates 2012

January 28 2012 Categories: Thailand Business, Thailand Taxes No comments yet

In order to improve Thailand competitiveness prior to the enforcement of the Asean Economic Community in January 2015 Thailand has recently moved to lower corporate tax rates that have become far more competitive than before.

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Corporate: Incorporating a Thai Company Step by Step

January 26 2012 Categories: Thailand Business, Thailand Company Registration No comments yet

Why review the private limited company set-up?

The private limited company is the legal vehicle that is the most commonly used by foreign investors in Thailand that is why we will review hereinafter the formalities of registration of a private limited company.

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Originally posted 2009-07-24 11:17:21.

Thailand Shadow Economy Poor Ranking

January 26 2012 Categories: Doing Business In Thailand No comments yet

I enjoyed checking from time to time studies and ranking about Thailand performance in today’s world. Now one study were Thailand is not doing good at all is the World Bank studies of the Shadow Economies.

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Business Registration: Thai Commercial Legal Entities

January 24 2012 Categories: Thailand Business, Thailand Company Registration No comments yet

The second option available to a foreign investor who wants to start a business in Thailand is to register a trading commercial legal vehicle (for example a subsidiary under the form of a Limited Company or a branch of a foreign company). [this post is an updated draft that replace one of my first posts]

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Originally posted 2009-10-16 02:09:26.